31A-41-201. Creation of Title Insurance Recovery, Education, and Research Fund.
- (1) There is created an expendable special revenue fund to be known as the “Title Insurance Recovery, Education, and Research Fund.”
- (2) The fund shall consist of:
- (a) assessments on individual title insurance producers and agency title insurance producers made under this chapter;
- (b) amounts collected under Section 31A-41-305; and
- (c) interest earned on the fund.
- (3) Interest on fund money shall be deposited into the fund.
- (4) The department shall administer the fund.
Amended by Chapter 319, 2013 General Session
Amended by Chapter 400, 2013 General Session